Smaller Brands Take up Slack when Franchise Giants Stumble
For the first time since the Franchise Times Top 200+ list began in 1999, some of the very largest brands in franchising stumbled, as readers will learn when we publish the massive annual project October 1. But we couldn’t help but give you a sneak peak at the flip side as well—many smaller brands picked up the slack with some eye-popping statistics.
To wit: Anytime Fitness topped our 10 fastest growers by sales, with a 52.6 percent increase in 2014 from the prior year. Dickey’s Barbecue Pit was up 48 percent, Marco’s Pizza by 40 percent, and Planet Fitness by 34 percent, enviable results indeed.
In unit growth, Paul Davis Restoration jumped 31.5 percent from the prior year to rank first, with Marco’s, Dickey’s and Planet Fitness taking spots 2 through 4, respectively, on that list. Right at Home posted a 22.3 percent increase in unit count to place fifth, and our report next week will share insight from their CEOs as to how they engineered such results.
That’s all for now, but stay tuned for much more to come next week.